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This evening at 19:00 GMT the FOMC will decide whether to keep the Tapering program going,
most traders expect the same rate of buying bonds to continue,
although there are a few doubt surrounding the market due to the latest bad data in US
Fundamentally, a continuation of the tapering program will broadly strengthen the USD
and put pressure on emerging markets - currencies
The US will be sticking to its path that it has set out for a stronger economy
If we look at the technical aspect, a contin…
most traders expect the same rate of buying bonds to continue,
although there are a few doubt surrounding the market due to the latest bad data in US
Fundamentally, a continuation of the tapering program will broadly strengthen the USD
and put pressure on emerging markets - currencies
The US will be sticking to its path that it has set out for a stronger economy
If we look at the technical aspect, a contin…